March 2019

Cover Story

How To | Electronic Health Records

How to Achieve a Return on an EHR

Electronic health records can be a useful population health management tool.

Web Exclusives

Article | Revenue Cycle Technology

Practical tips for maintaining control over the revenue cycle

How To | Patient Financial Communications

Improving Patient Acquisition and Retention With Digital Care Coordination

By improving the patient experience from the first communication with a provider to post-discharge care, a healthcare organization can help attract and retain more patients.

How To | Billings and Collection

EHR-RCM replacement and retirement economics: Driving ROI through data archiving

When a hospital or health system upgrades or replaces a legacy electronic health record, an important consideration is how best to manage outstanding accounts receivable in the legacy system.

Features

Trend | Analytics

Monetizing Data: The Key to Realizing the Value of Data Analytics

Healthcare organizations require data analytics to succeed in the emerging value-focused healthcare environment, and through data monetization, in which they use these assets to create economic value, they can realize the value of their investment in the analytics. 

How To | Analytics

Toward a More Effective Way of Validating Cost Data

Although there are no industry standards for measuring costing accuracy, financial analysts can take steps to ensure the cost number accurately reflects to the true cost of an item.

Trend | Analytics

Return on Analytics: Addressing the ‘Signals’ in the ‘Noise’

A healthcare organization’s ability to sustain high-value care delivery and ensure its long-term strategic financial viability depends on how effectively it applies data analytics to inform improvement efforts related to quality, cost, and patient experience. 

Focus Area

Trend | Value-Based Payment

Provider Nimbleness Required for Diverse Value-Based Healthcare Models

Providers must be nimble to adapt to new value-based healthcare strategies.

Columns

Trend | Analytics

The Value of Financial Analytics

Data analytics and business intelligence are essential tools for effectively managing the financial performance of healthcare organizations.

Column | Patient Financial Communications

Efforts to Address Surprise Medical Billing Could Yield a Bipartisan Solution

The current political climate could pose a barrier to a solution for Congress solving surprise medical bills from providers outside of patients’ networks through legislation.

Trend | Partnerships and Value

Strategic Partnerships in An Era of Value

Healthcare organizations are diving into partnership business models to leverage expertise, advanced analytics, and emerging technologies.

How To | Accounting and Financial Reporting

Introducing a Road Map for Advanced Cost Accounting

HFMA President and CEO Joe Fifer discusses the new cost accounting model launched as a collaboration between HFMA and Strata Decision Technology.

Advertising

How To | Analytics

Kaufman Hall: 5 Key Learnings from HFMA’s Financial Analytics Leadership Council

Tips-focused article about the role of data governance and how to establish a strategy. Key points pulled from the HFMA Financial Analytics Leadership Council.

How To | Technology

Grant Thornton: Guiding Organizations Through Cloud-Based ERP Adoption

A senior leader at Grant Thornton LLP HealthCare Advisory Services talks about key ways to lay the groundwork for a shift to cloud-based ERP solutions. Insights stem from a presentation given at the HFMA Large System Controllers Council.